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Interest Rates
with effect from 30th April 2008
Investment Accounts | Previous Gross Rate % | Current Gross Rate % | AER % * | Net Rate % ** |
| Falcon 120 (Annual Interest) |
| £5,000 - £24,999 |
3.55 |
3.30 |
3.30 |
2.64 |
| £25,000 - £49,999 |
3.80 |
3.55 |
3.55 |
2.84 |
| £50,000 - £99,999 |
4.05 |
3.80 |
3.80 |
3.04 |
| £100,000 + |
4.60 |
4.35 |
4.35 |
3.48 |
| Falcon 120 (Monthly Interest) |
| £10,000 - £24,999 |
3.49 |
3.25 |
3.30 |
2.60 |
| £25,000 - £49,999 |
3.74 |
3.49 |
3.55 |
2.79 |
| £50,000 - £99,999 |
3.98 |
3.74 |
3.80 |
2.99 |
| £100,000 + |
4.51 |
4.27 |
4.35 |
3.42 |
| Falcon 60 (Annual Interest) |
| £1,000 - £9,999 |
2.40 |
2.15 |
2.15 |
1.72 |
| £10,000 - £24,999 |
3.15 |
2.90 |
2.90 |
2.32 |
| £25,000 - £49,999 |
3.40 |
3.15 |
3.15 |
2.52 |
| £50,000 + |
3.65 |
3.40 |
3.40 |
2.72 |
| Falcon 60 (Monthly Interest) |
| £10,000 - £24,999 |
3.11 |
2.86 |
2.90 |
2.29 |
| £25,000 - £49,999 |
3.35 |
3.11 |
3.15 |
2.49 |
| £50,000 + |
3.59 |
3.35 |
3.40 |
2.68 |
| Falcon Instant |
| £1 - £499 |
1.25 |
1.00 |
1.00 |
0.80 |
| £500 - £4,999 |
1.30 |
1.05 |
1.05 |
0.84 |
| £5,000 - £9,999 |
1.35 |
1.10 |
1.10 |
0.88 |
| £10,000 + |
1.65 |
1.40 |
1.40 |
1.12 |
| Falcon First |
| £1 - £10,000 |
4.70 |
4.50 |
4.50 |
3.60 |
| Falcon Club |
| £1 - £10,000 |
4.70 |
4.50 |
4.50 |
3.60 |
| Falcon Treasurer |
| £1 - £499 |
1.50 |
1.25 |
1.25 |
1.00 |
| £500 - £4,999 |
1.55 |
1.30 |
1.30 |
1.04 |
| £5,000 - £9,999 |
1.70 |
1.45 |
1.45 |
1.16 |
| £10,000 - £49,999 |
2.10 |
1.85 |
1.85 |
1.48 |
| £50,000 + |
2.60 |
2.35 |
2.35 |
1.88 |
| Falcon 50 Years + (Annual) |
| £10,000 - £24,999 |
4.40 |
4.15 |
4.15 |
3.32 |
| £25,000 - £49,999 |
4.45 |
4.20 |
4.20 |
3.36 |
| £50,000 - £99,999 |
4.70 |
4.45 |
4.45 |
3.56 |
| £100,000 + |
5.100 |
4.75 |
4.75 |
3.80 |
| Falcon 50 Years + (Monthly) |
| £10,000 - £24,999 |
4.31 |
4.07 |
4.15 |
3.26 |
| £25,000 - £49,999 |
4.36 |
4.12 |
4.20 |
3.30 |
| £50,000 - £99,999 |
4.60 |
4.36 |
4.45 |
3.49 |
| £100,000 + |
4.89 |
4.65 |
4.75 |
3.72 |
| Falcon TESSA Only ISA |
| £500 - £4,999 |
4.35 |
4.10 |
4.10 |
Tax Free |
| £5,000 - £8,999 |
4.85 |
4.60 |
4.60 |
Tax Free |
| £9,000 |
5.40 |
5.25 |
5.25 |
Tax Free |
| Falcon Cash ISA |
| £100 - £499 |
1.45 |
1.20 |
1.20 |
Tax Free |
| £500 - £999 |
1.50 |
1.25 |
1.25 |
Tax Free |
| £1,000 + |
5.25 |
5.10 |
5.10 |
Tax Free |
| Falcon Flexi-Save |
| £20 - £50,000 |
4.90 |
4.65 |
4.65 |
3.72 |
| Employee Savings |
| £1 - £50,000 |
3.30 |
3.05 |
3.05 |
2.44 |
| Reds Saver Account |
| £100 - £50,000 |
3.50 |
3.30 |
3.30 |
2.64 |
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Junior accounts available on this account type where opening balance is just £10 |
| YAA Saving Saves
Lives |
| £100 - £50,000 |
3.50 |
3.30 |
3.30 |
2.64 |
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Junior accounts available on this account type where opening balance is just £10 |
Superseded Investment Issues
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Investment Accounts | Previous Gross Rate % | Current Gross Rate % | AER % * | Net Rate % ** |
| Tigers Account,
Wildcats Account, Millers Account,
Spireites Saver Account |
| £100 - £50,000 |
3.20 |
2.85 |
2.85 |
2.28 |
| Sterling Summit (Monthly Interest) |
| £1,000 - £9,999 |
2.37 |
2.13 |
2.15 |
1.70 |
| £10,000 - £24,999 |
3.11 |
2.86 |
2.90 |
2.29 |
| £25,000 - £49,999 |
3.35 |
3.11 |
3.15 |
2.49 |
| £50,000 + |
3.59 |
3.35 |
3.40 |
2.68 |
| Sterling Bonus Account |
| £5,000 - £24,999 |
2.75 |
2.25 |
2.25 |
1.80 |
| £25,000 - £49,999 |
3.00 |
2.50 |
2.50 |
2.00 |
| £50,000 - £99,999 |
3.25 |
2.75 |
2.75 |
2.20 |
| £100,000 + |
3.75 |
3.25 |
3.25 |
2.60 |
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Customer Information - Investors with superseded accounts may switch immediately to any similar current issue, without penalty interest.
* AER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and added each year.
** Net rates are illustrative only and allow for the deduction from the gross rate of income tax at the current rate of 20%.
By Order of the Board of Directors
W TREVOR HALDENBY
Assistant General Manager (Personnel) and Secretary
23rd April 2008 |
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Further information for consumers is available from a range of
industry bodies.
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